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Tuesday, July 26 2022
How To Quickly Generate More Payroll Sales Leads

How To Quickly Generate More Payroll
Sales Leads With e-Mail Marketing

By Glenn Fallavollita, President - SellMorePayroll.com & Drip Marketing, Inc.

  • Word Count: 307
  • Read Time: 1.2 Minutes

Do you want more sales leads and client/CPA referrals from your e-mail marketing campaigns? If you do, I have listed several tips below for you to implement in the next 7 to 10 days.

Tip #1: Segment Your Databases – The #1 thing you need to do is segment your e-mail databases by clients, prospects, and referral partners.

Tip #2: Develop An e-Mail Marketing Strategy By Target Audience – After segmenting your databases, you need to develop an e-mail strategy for your database of clients, prospects, and referral partners.

Tip #3: Develop A 30-Day e-Mail Marketing Calendar – Create a 30-day calendar of what you plan to send each database on file, i.e., prospect press releases, general newsletters, referral partner refer us to a business client campaign, etc.

Tip #4: Set Follow-Up Expectations – Tell your salespeople that they will be required to follow up on a particular campaign (see below).  

Tip #5: Give Your Salespeople Sales Tools – As you are creating your e-mail campaign, i.e., educational webinar, give them the following:

  • Day, date, and time for ‘mandatory’ follow-up calls.
  • Sales scripts/talking points to use.
  • Voicemail talking points.
  • Post voicemail follow-up e-mail campaign.

Tip #6: Always Add A Low-Risk Offer/Call-To-Action – When developing an e-mail campaign, always add a low-risk offer to it as it makes the follow-up process easier for your salespeople.

Tip #7: The Day You Send A Campaign – After hitting the send button, wait 90 minutes and give your salespeople an Excel file of the people who opened the campaign, i.e., send the campaign at 8:30 a.m., print databases @ 10:30 a.m., and then start calling at 10:45 a.m.

Summary: Your database of clients, prospects, and referral partners spend 4 – 6 hours a day in their inbox; therefore, e-mail marketing is a great tool to help build trust, credibility, and brand recognition for your business in the marketplace.
 


About The Author:

Glenn Fallavollita is a nationally recognized keynote speaker providing money-making advice to help payroll service owners, sales pros, and marketing gurus build more profitable relationships with their database of prospects, referral partners, and clients.

Additionally, Glenn is the president of SellMorePayroll.com and Drip Marketing, Inc. and has written 50+ whitepapers and three sales/self-marketing books; Supercharge Your Payroll Sales NOW!Stop Whining AND Start Selling, and Drip Marketing: A Powerful New Marketing Strategy That Gets Prospects To Buy From You. He also writes blogs for LinkedIn and other national websites.

© Drip Marketing, Inc.  All Rights Reserved May Not Be Used Without Written Permission.

Posted by: SellMorePayroll.com AT 06:13 am   |  Permalink   |  Email
Thursday, April 21 2022
4 Steps To Using An Elevator Pitch For Your Payroll Service

4 Steps To Using An Elevator Pitch
For Your Payroll Service

By Glenn Fallavollita, President - SellMorePayroll.com

  • Word Count: 312
  • Read Time: 75 Seconds

A polished elevator pitch is an essential tool for any payroll service/HCM salesperson as it will allow them to quickly and effectively communicate a payroll service's value proposition; plus, it will also set them apart from the competition. By mastering this brief (10 – 30 seconds) and powerful statement, you will be able to articulate the things that set you apart from the competition.

Sample Elevator Pitch:

"Since 20XX, we have been helping business owners like you solve their X, Y, and Z problems. More specifically, we help our payroll and HCM clients…

  • One, stay compliant with their __________ requirements.
  • Two, reduce their ________ liabilities through a variety of ___ and ____ solutions.
  • Three, take advantage of certain ___________.

By the way, here are a few client testimonials from companies similar  in size to yours."

4 Steps To Using Your Elevator Pitch.

Step 1:  Assess The Person/Group: Before you go into your elevator pitch, ask yourself...

  • What is their title?
  • Are they a referral from someone, a cold prospect, or someone who called in and asked for a proposal?
  • What do they value most in their payroll service, and what don’t they like in their current payroll service?
  • What products/services are they looking to purchase?

Step 2: Be Concise - Make sure your elevator pitch is brief and concise. It should last about 10 – 30 seconds, although I have done 90-second elevator pitches for group presentations. Remember, read your audience.

Step 3: Look For Opportunities During Your Discovery Questions - I always like to ask some discovery questions BEFORE I use my elevator pitch. Why? I get to leverage the information learned from my discovery phase.

Step 4: Be Confident - One of the most important elements in your elevator pitch is confidence. Believing in yourself, your business, and what you offer will get a prospect/referral partner excited about your offering.


About The Author:

Glenn Fallavollita is a nationally recognized keynote speaker providing money-making advice to help payroll service owners, sales pros, and marketing gurus build more profitable relationships with their database of prospects, referral partners, and clients.

Additionally, Glenn is the president of SellMorePayroll.com and Drip Marketing, Inc. and has written 50+ whitepapers and three sales/self-marketing books, Supercharge Your Payroll Sales NOW!Stop Whining AND Start Selling, and Drip Marketing: A Powerful New Marketing Strategy That Gets Prospects To Buy From You. He also writes blogs for LinkedIn and other national websites.

© Drip Marketing, Inc.  All Rights Reserved May Not Be Used Without Written Permission.

Posted by: SellMorePayroll.com AT 11:30 am   |  Permalink   |  Email
Monday, April 18 2022
7 Payroll Company Newsletter Ideas to Attract More Sales Leads And Referrals

7 Payroll Company Newsletter Ideas
To Attract More Sales Leads And Referrals

By Glenn Fallavollita, President - SellMorePayroll.com

  • Word Count: 303
  • Read Time: 73 Seconds

e-Mail marketing is a low-cost way to promote your payroll/HCM business in the marketplace. And to help you produce content your subscribers would want to read, here are a few ideas to help you attract more sales leads and referrals.

1. Topic Series: You can commit the month of May to how to hire a new employee or the new marijuana laws. This approach gets subscribers looking forward to your upcoming e-mails and makes it easier for you to plan your content. 

2. Q&A: With this section, you can address a single question and answer it via your newsletter, i.e., how to conduct an employee background check, how to streamline HR employee questions, etc. 

3. Interviews: Do you know an HR expert who has a perspective to share? If you do, highlight this individual in your newsletter.

4. Videos: It’s no secret that people like watching videos. If you add a video interview or tip to a newsletter, add the word “Video” in your e-mail subject line.

5. Meet The Team: Create a section that promotes “Meet the team” to give subscribers a more human touch to your payroll/HCM business.

6. Storytime: People like to read “problem/solution” stories. This format allows you to quickly tell a “client success” story. 

7. In The News: This section adds great e-mail content to your newsletter. Just make the content relevant to the reader.

Summary: e-Mail newsletters are an easy way to connect with your audience; therefore, keep the following in mind:

  • Keep your copy snappy, relevant, and brief.
  • You don’t need to overwhelm the reader with excessively long copy.
  • Focus on engaging subject lines.
  • Send more than a newsletter to help position your payroll service as a trusted resource in the marketplace.

About The Author:

Glenn Fallavollita is a nationally recognized keynote speaker providing money-making advice to help payroll service owners, sales pros, and marketing gurus build more profitable relationships with their database of prospects, referral partners, and clients.

Additionally, Glenn is the president of SellMorePayroll.com and Drip Marketing, Inc. and has written 50+ whitepapers and three sales/self-marketing books, Supercharge Your Payroll Sales NOW!Stop Whining AND Start Selling, and Drip Marketing: A Powerful New Marketing Strategy That Gets Prospects To Buy From You. He also writes blogs for LinkedIn and other national websites.

© Drip Marketing, Inc.  All Rights Reserved May Not Be Used Without Written Permission.

Posted by: SellMorePayroll.com AT 10:25 am   |  Permalink   |  Email
Tuesday, March 15 2022
22 Ways To Grow Your Payroll Service's e-Mail Marketing Database

22 Ways To Grow Your
Payroll Service's e-Mail Marketing Database

By Glenn Fallavollita, President - SellMorePayroll.com Drip Marketing, Inc.

  • Word Count: 508
  • Read Time: 2.0 Minutes

To help you improve the size and quality of your payroll service's e-mail marketing database, here are a few tips to consider:

  1. Add a “Sign-Up For A FREE (Seminar, Newsletter, Whitepaper, etc.)” to your website’s home page.
  2. Add a “share this e-mail” social media button to every e-mail campaign.
  3. Add a low-risk offer coupon to an e-mail marketing/direct mail campaign website (where they need to provide an e-mail address to get the offer).
  4. Ask your prospects and referral partners for their e-mail addresses (yes, it’s that easy).
  5. Ask your LinkedIn, Twitter, and Facebook fans to subscribe.
  6. Co-host a webinar with another business (where you can promote your contact information).
  7. Contribute articles and newsletters to other sites (where you can promote your contact information).
  8. Create a free resource center on your website (that requires an e-mail address to log in).
  9. Create a special Facebook ad with a low-risk offer.
  10. Develop niche newsletters (where you can promote your contact information).
  11. Export your Outlook file of e-mail addresses.
  12. Add local, regional and national editors to your e-mail marketing campaigns, i.e., newsletters (where they can share/promote your contact information).
  13. Get more interviews (with anyone).
  14. Offer a free gift to anyone who signs up for a seminar, whitepaper, newsletter, etc.
  15. Host an online webinar (where you can promote your contact information).
  16. Advertise an online contest for a free product/service (e-mail address is required to sign up).
  17. Partner with another business (where you can promote your contact information to their database of customers/prospects).
  18. Have people sign up for your newsletter at a trade show or event.
  19. Post videos to your YouTube channel and tell people to sign-up for your newsletter service.
  20. Take a picture of every business card and then upload it to your e-mail hosting service.
  21. Use Google ad words to promote a product or service on your website (where they need to provide an e-mail address to get the offer).
  22. Go onto a prospect’s website and copy someone’s e-mail address (do NOT use info@, sales@, service@, etc., into your e-mail marketing databases – see below).

A Word Of Caution.

e-Mail hosting services, i.e., Constant Contact, will cancel your account if you add too many “role” addresses to your NON-client database. Here is a sample role e-mail addresses begin with:

  • Donot@
  • Help@
  • Info@
  • Mail@
  • Manager@
  • Office@
  • President@
  • Sales@
  • Service@
  • Spam@
  • Support@
  • Webmaster@

Two Points:

  1. Once you get someone’s e-mail address, you can maintain your one-on-one communication with them indefinitely.
  2. Make it a priority to grow your e-mail marketing database.

About The Author:

Glenn Fallavollita is a nationally recognized keynote speaker providing money-making advice to help payroll service owners, sales pros, and marketing gurus build more profitable relationships with their database of prospects, referral partners, and clients.

Additionally, Glenn is the president of SellMorePayroll.com and Drip Marketing, Inc. and has written 50+ whitepapers and three sales/self-marketing books, Supercharge Your Payroll Sales NOW!Stop Whining AND Start Selling, and Drip Marketing: A Powerful New Marketing Strategy That Gets Prospects To Buy From You. He also writes blogs for LinkedIn and other national websites.

© Drip Marketing, Inc.  All Rights Reserved May Not Be Used Without Written Permission.

Posted by: SellMorePayroll.com AT 06:00 am   |  Permalink   |  Email
Monday, March 14 2022
Payroll Sales Leaders: Why You Need A Payroll Proposal Tracking Report

Payroll Sales Leaders: Why You
Need A
Payroll Proposal Tracking Report In Excel

By Glenn Fallavollita, President - SellMorePayroll.com Drip Marketing, Inc.

  • Word Count: 139
  • Read Time: 33 Seconds

If you are the sales leader for your payroll service, you need to track the status of every proposal on a daily/weekly basis. And if you are boohooing the idea of tracking your proposals in Excel, I challenge you to call me and tell me why!

Column Titles To Use:

  • Lead Type (i.e., self-generated lead, in-house lead, referral partner referral, or client referral). 
  • Company Name
  • Contact Name/Title
  • Executive Follow-Up Call (this is a call made by the owner/sales leader thanking the prospect for the opportunity to earn their business).
  • Date Of Proposal
  • Sunset Date Of Proposal (if a lead hits this date, it automatically gets moved to the loss column). 
  • Current Payroll Service
  • Discount Given
  • Product(s) Presented
  • High Probability Close
  • Low Probability Close
  • High Probability Win
  • Low Probability Win
  • High Probability Lost
  • Low Probability Lost

Other Items To Track:

  • Overall Proposal Close Rate
  • In-House Sales Lead Proposal Close Rate
  • Self-Generated Lead Proposal Close Rate
  • Referral Partner Lead Proposal Close Rate

Remember, you can't manage what you don't measure! Therefore, if you are not measuring the success of your sales team's proposal success rate, you are not managing them correctly. 


About The Author:

Glenn Fallavollita is a nationally recognized keynote speaker providing money-making advice to help payroll service owners, sales pros, and marketing gurus build more profitable relationships with their database of prospects, referral partners, and clients.

Additionally, Glenn is the president of SellMorePayroll.com and Drip Marketing, Inc. and has written 50+ whitepapers and three sales/self-marketing books, Supercharge Your Payroll Sales NOW!Stop Whining AND Start Selling, and Drip Marketing: A Powerful New Marketing Strategy That Gets Prospects To Buy From You. He also writes blogs for LinkedIn and other national websites.

© Drip Marketing, Inc.  All Rights Reserved May Not Be Used Without Written Permission.

Posted by: SellMorePayroll.com AT 07:49 am   |  Permalink   |  Email
Wednesday, March 09 2022
20 Questions To Ask During Your Next Payroll Sales Job Interview

20 Questions To Ask During Your Next Payroll Sales Job Interview

By Glenn Fallavollita, President - SellMorePayroll.com Drip Marketing, Inc.

  • Word Count: 494
  • Read Time: 2.0 Minutes

After being hired for a new sales position, it becomes abundantly clear to many salespeople they made a huge mistake in taking the job. The good news is this: A salesperson can avoid this type of situation by asking some key questions during the job interview process.

20 Questions* To Ask During Your Next Sales Job Interview (In No Particular Order):

  1. What makes your business unique in the marketplace?
  2. Who are your toughest competitors?
  3. Do you have a sales training manual and what type of formal sales and product training do you offer?
  4. What are a prospect’s top three buying triggers when buying what you sell?
  5. May I see your sales literature and client testimonials?
  6. How are sales quotas assigned and how often do they change?
  7. How often does a first-year salesperson hit their quota? What percentage of your salespeople are at or above their sales quota?
  8. When are the best and worst selling months for what you sell?
  9. Would you mind if I went on a few sales calls with you as well as with some of your salespeople?
  10. What can you teach me?
  11. How many salespeople have been hired, fired, or quit in the last twelve months?
  12. Do you have a written sales and marketing strategy (if yes, ask if you can see it)? What's your annual marketing budget to support my sales efforts?
  13. What type of lead-nurturing, social media, SEO, or drip marketing campaigns do you have in place to support my prospecting efforts?
  14. How are sales leads generated?
  15. How many sales leads came in the past four weeks?
  16. How are sales leads distributed?
  17. What has been your track record been in growing and/or promoting salespeople?
  18. What is your sales team’s overall proposal close ratio?
  19. I read your LinkedIn profile and it seems that you've been here for X years/months; why did you take the job as _________?  Review/print their LinkedIn profile before you ask this question and tread lightly as some sales leaders will get defensive when you ask questions about their background.
  20. How is your salesperson’s compensation plan structured? Do you pay a commission on new versus repeat sales/orders? How are my sales tracked?

*Some questions can be avoided by your preliminary research and/or industry nuances. 

IMPORTANT: Before going into your next interview, type and print out your questions (which makes you look even more professional).

After you have completed the interview process with each company, I recommend finding a quiet place to reflect on the following questions:

  • Do I need this job more than this job needs me?
  • Can I get excited about selling this company’s product or service line?
  • What type of reviews can I find online about this company (are they positive)?
  • What type of turnover has this company had with its salespeople?
  • Is their comp plan comparable for the industry?
  • What type of FORMAL sales AND product training does this company offer?
  • What are the salespeople making for salary and commissions?
  • What type of lead nurturing drip campaigns does this company have in place?
  • How often does the sales comp plan change?
  • Who are their biggest competitors and are they hiring as well?
  • What are the salespeople saying about their company and sales leader?
  • What are their customers saying online about them?

About The Author:

Glenn Fallavollita is a nationally recognized keynote speaker providing money-making advice to help payroll service owners, sales pros, and marketing gurus build more profitable relationships with their database of prospects, referral partners, and clients.

Additionally, Glenn is the president of SellMorePayroll.com and Drip Marketing, Inc. and has written 50+ whitepapers and three sales/self-marketing books, Supercharge Your Payroll Sales NOW!Stop Whining AND Start Selling, and Drip Marketing: A Powerful New Marketing Strategy That Gets Prospects To Buy From You. He also writes blogs for LinkedIn and other national websites.

© Drip Marketing, Inc.  All Rights Reserved May Not Be Used Without Written Permission.

Posted by: SellMorePayroll.com AT 06:39 am   |  Permalink   |  Email
Monday, February 28 2022
11 Tips To Improve Your Payroll Service's e-Mail Marketing Results

11 Tips To Improve Your
Payroll Service's e-Mail Marketing Results

(Print And Share With Your Sales Leader)
By Glenn Fallavollita, President - SellMorePayroll.com Drip Marketing, Inc.

  • Word Count: 146
  • Read Time: 36 Seconds

If you want to generate more sales leads and referrals from your e-mail marketing efforts, I have listed below a few tips to consider.

  • #1: Avoid Writing Content That Is Too Self-Serving
  • #2: Avoid Writing A Wall Of Text
  • #3: Segment Your e-Mail Marketing Lists, i.e., Clients, Prospects, And Referral Partners.
  • #4: Keep Your e-Mail List Updated And Clean  
  • #5: Write Engaging Subject Lines
  • #6: Use The Correct Name In The "From" Field
  • #7: Measure The Size Of Your Database
  • #8: Start Following-Up
  • #9: Make Data-Driven Decisions
  • #10: Proofread Your e-Mail Campaigns
  • #11: Consider Hiring A Professional Copywriter

Additional Ideas:

I recommend spending a few minutes analyzing:

  1. The size of your e-mail marketing database(s).
  2. The type of e-mail marketing campaigns you/your business has sent in the past 90 days.
  3. If you properly segmented your e-mail marketing databases on file.

About The Author:

Glenn Fallavollita is a nationally recognized keynote speaker providing money-making advice to help payroll service owners, sales pros, and marketing gurus build more profitable relationships with their database of prospects, referral partners, and clients.

Additionally, Glenn is the president of SellMorePayroll.com and Drip Marketing, Inc. and has written 50+ whitepapers and three sales/self-marketing books, Supercharge Your Payroll Sales NOW!Stop Whining AND Start Selling, and Drip Marketing: A Powerful New Marketing Strategy That Gets Prospects To Buy From You. He also writes blogs for LinkedIn and other national websites.

© Drip Marketing, Inc.  All Rights Reserved May Not Be Used Without Written Permission.

Posted by: SellMorePayroll.com AT 06:19 am   |  Permalink   |  Email
Wednesday, February 23 2022
9 Factors That Will Affect Your Payroll Service's e-Mail Open Rates

9 Factors That Will Affect Your Payroll Service’s e-Mail Open Rates
(Print And Share With Your Marketing Team And Sales Leader)
By Glenn Fallavollita, President of SellMorePayroll.com & Drip Marketing, Inc.

  • Word Count: 206
  • Read Time: 48 Seconds

After sending more than 100 million e-mail marketing campaigns here are some of the factors that can have a dramatic impact on an e-mail campaign’s open rate.

  1. Apple’s e-mail privacy policy.
  2. Time of the day.
  3. Day of the week.
  4. Subject line used.
  5. The name used in the “from” field.
  6. Database receiving the campaign:
    • New prospect list?
    • Existing client/past client list?
    • An existing list?
  7. The frequency of past campaigns.
  8. The “age” of the database and when was the last time an e-mail campaign was sent to it.
  9. Past reader’s engagement level; was the campaign sent to the people who opened (or did not open) a previous campaign(s).

IMPORTANT NOTE: If you are sending a mass e-mail marketing campaign to a B2B “non-client” database, avoid Mondays altogether as it is notoriously a bad day for mass e-mail marketing campaigns.

Best days and times To Send An e-Mail Campaign:

  • Tuesdays – Thursdays from 8:15 a.m. to 9:30 a.m., 11:30 a.m. - 11:45 a.m., 12:55 p.m., or @ 2:45 p.m.
  • Fridays from 8:15 a.m. to 9:30 a.m.

By the way, ~50% of the people who open an e-mail marketing campaign, will open it in the first 90-minutes.


About The Author:

Glenn Fallavollita is a nationally recognized keynote speaker providing money-making advice to help payroll service owners, sales pros, and marketing gurus build more profitable relationships with their database of prospects, referral partners, and clients.

Additionally, Glenn is the president of SellMorePayroll.com and Drip Marketing, Inc. and has written 50+ whitepapers and three sales/self-marketing books, Supercharge Your Payroll Sales NOW!Stop Whining AND Start Selling, and Drip Marketing: A Powerful New Marketing Strategy That Gets Prospects To Buy From You. He also writes blogs for LinkedIn and other national websites.

© Drip Marketing, Inc.  All Rights Reserved May Not Be Used Without Written Permission.

Posted by: SellMorePayroll.com AT 04:24 am   |  Permalink   |  Email
Tuesday, February 22 2022
10 Proven Tips That Will Jump-Start Your Payroll Sales

10 Proven Tips That Will Jump-Start Your Payroll Sales

(Print And Share At Your Next Sales Meeting)
By Glenn Fallavollita, President - SellMorePayroll.com Drip Marketing, Inc.

  • Word Count: 170
  • Read Time: 42 Seconds

If you want to improve your sales performance and ensure your survival in today’s competitive payroll sales environment, I have listed several tips below (in no particular order) to help you master the sales profession.

The 10 Tips Are:

  1. Set goals for yourself.
  2. Keep a weekly score of your sales activities/proposals.
  3. Create a massive e-mail database of customers, prospects, dealers, past customers, referral partners, etc.
  4. Develop a Unique Selling Proposition (USP) statement (AKA your Elevator Pitch).
  5. Become better at asking questions during a sales call.
  6. Know your competition cold.
  7. Focus on the correct type of prospects and/or referral partners.
  8. Improve your prospecting and networking skills.
  9. Make more phone calls to your database of prospects and referral partners.
  10. Build a Business Development Center for yourself.

The payroll sales environment moves in the blink of an eye, from new competitors emerging, competitors lowering the price of similar products and services you sell, a new technology that makes your solution look obsolete, to a competitor receiving a large sum of capital from an investor.


About The Author:

Glenn Fallavollita is a nationally recognized keynote speaker providing money-making advice to help payroll service owners, sales pros, and marketing gurus build more profitable relationships with their database of prospects, referral partners, and clients.

Additionally, Glenn is the president of SellMorePayroll.com and Drip Marketing, Inc. and has written 50+ whitepapers and three sales/self-marketing books, Supercharge Your Payroll Sales NOW!Stop Whining AND Start Selling, and Drip Marketing: A Powerful New Marketing Strategy That Gets Prospects To Buy From You. He also writes blogs for LinkedIn and other national websites.

© Drip Marketing, Inc.  All Rights Reserved May Not Be Used Without Written Permission.

Posted by: SellMorePayroll.com AT 11:03 am   |  Permalink   |  Email
Thursday, February 17 2022
Payroll Sales Leaders: 3

Payroll Sales Leaders: 3 "Must-Read" Sales Studies
(Print And Share At Your Next Sales Meeting)
By Glenn Fallavollita, President - SellMorePayroll.com Drip Marketing, Inc.

  • Word Count: 345
  • Read Time: 93 Seconds

Here are three studies all payroll sales leaders and owners need to read: 

Study #1: Cahners Publishing did a study of 40,000 sales inquiries. Here are the results:

  • 11% bought within 90 days after their initial inquiry date.
  • 17% bought between 4 to 6 months after their inquiry date.
  • 24% bought 6 to 12 months after inquiry.
  • 49% took a year to make a purchase.

Study #2: According to an article by Work-Learning Research, Sadly, People forget 50% to 80% after one day. What’s worse is this: A prospect will forget 80% of what you tell them on the phone within 60 minutes!

Study #3: I did a formal study of 250+ payroll services; here is what I found: 

Follow-Up Calls Are NOT Being Made: 

  • ~50% of all salespeople stop calling or sending information to a prospect for at least 9 to 12 months or altogether, after their 1st unsuccessful attempt at getting the sales process started or moved forward.
  • ~80%  stop calling after their 2nd unsuccessful attempt.
  • ~98% stop calling after their 3rd unsuccessful attempt.

Sales Staff Turnover: 

  • 66% of all newly hired payroll salespeople* quit or get fired within 9 to 12 months of employment.

*At privately-held payroll services.

What Do These 3 Studies Mean For Your Payroll Service?

Your database of longer-term prospects offers your payroll service 4X more sales opportunities than short-term prospects. Therefore, you need to develop both a short-term AND long-term drip marketing strategy - a strategy that should include a combination of:

  • Follow-up phone calls.
  • Personal and mass e-mail campaigns.
  • Social media connections and posts.
  • Direct mail or lumpy mail campaigns.
  • Drop-off kits/packages.

Summary Points:

  1. It's up to your business to maintain contact with your database of prospects and referral partners since the likelihood of a salesperson doing this, statistically speaking, is not being done. 
  2. A steady cadence of messages, phone calls, etc., will go a long way in building goodwill, trust, credibility, and brand recognition in the mind’s eye of a potential new payroll client or referral partner.

About The Author:

Glenn Fallavollita is a nationally recognized keynote speaker providing money-making advice to help payroll service owners, sales pros, and marketing gurus build more profitable relationships with their database of prospects, referral partners, and clients.

Additionally, Glenn is the president of SellMorePayroll.com and Drip Marketing, Inc. and has written 50+ whitepapers and three sales/self-marketing books, Supercharge Your Payroll Sales NOW!Stop Whining AND Start Selling, and Drip Marketing: A Powerful New Marketing Strategy That Gets Prospects To Buy From You. He also writes blogs for LinkedIn and other national websites.

© Drip Marketing, Inc.  All Rights Reserved May Not Be Used Without Written Permission.

Posted by: SellMorePayroll.com AT 07:21 am   |  Permalink   |  Email